Economists chime in on education

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The National Economic Council (NERV) has recommended some educational reforms this month that the government advisory body says will strengthen the Czech economy.

One of the more controversial suggestions has to do with educational requirements for teachers themselves. As deník.cz reported earlier this week, NERV says masters degrees in education are not necessary for all teachers and that the entry of experts with education in other fields into the teaching profession should be facilitated.

Vice-chancellor of Charles University called the proposal a “step back,” but other educators have argued the most important characteristic of a good teacher is the desire to teach and that the necessary pedagogical background can be provided in teacher training seminars.

NERV also proposed implementing better financial education in schools, in the form of required courses on financial literacy at school.  According to a study conducted by research agency Ipsos Tambor, many Czechs reported they did not understand financial products like securities and bonds, leasing products and mortgages.

Council representatives say improved knowledge of financial products will not only mitigate the debts of many Czechs, but also make them feel more comfortable investing, thereby boosting the economy.

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